As Capitol Hill debates whether to extend the Bush era tax cut for millionaires, Representative Alan Grayson (D-FL) pushed back on prominent talk radio hosts in favor of the provision, especially Rush Limbaugh.
“They tell us that extending the tax cuts for the rich will somehow create jobs,” declared Grayson on the floor of the House of Representatives. “We’ve had these tax cuts for the last nine years, and I haven’t noticed a whole lot of jobs being created in the last nine years.”
So why do Limbaugh, Glenn Beck, and Sean Hannity persist in this “mania,” this “obsession of theirs, that we need to have more tax cuts for the rich, when the economy is flat on its back, and unemployment is almost ten percent?”
“I think I have the answer,” Grayson declared. “They want a tax cut for the rich because they want a tax cut for themselves.”
Grayson estimates that extending the Bush era tax cuts for people who make over $250,000 a year would save the nation’s most prominent talk show hosts the following:
Rush Limbaugh – $2,689,135.
Glenn Beck – $1,512,352
Sean Hannity – $1,006,352
Bill O’Reilly – $914,352
Sarah Palin – $638,352
Newt Gingrich – $247,352
Grayson’s figures are based on income estimates published by Forbes and Newsweek magazine. Today the Senate balked at advancing two Democratic plans to extend the Bush tax cuts for middle-income people, but letting the higher break rates expire.
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